— The Move —

Rent! (in Central Edmonton)

How does rent in Oliver and Downtown compare to others?

Edmonton has some of the highest homeownership rates in Canada, so a lack of attention to its rental market has bred some misconceptions. One of them being that finding an apartment is harder and more expensive in the core, when the opposite is true if compared to Edmonton’s outlying areas. That’s good news for Oliver and Downtown dwellers, who are overwhelmingly young, living alone and renting. That said, if you’re looking for a place for under $1,000 a month, those days are pretty much over.

rent - infographic

 Homeowners: Average Selling Price, May-July 2015

DOWNTOWN: $341,209
+$42,322 from May–July 2014
DIFFERENCE FROM LISTED PRICE:
-$10,056
DAYS ON MARKET: 54
+12 from May–July 2014

OLIVER: $276,308
-$12,121 from May–July 2014
DIFFERENCE FROM LISTED PRICE: -$7,884
DAYS ON MARKET: 49 +2 from May–July 2014


This entry was posted in 2015 Fall, The Move.